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Lower required capital for foreign retailers to impact SMEs

By Leslie Gatpolintan Retail industry players have reiterated their opposition to the measure to reduce the minimum capitalization for foreign retailers intending to put up...

House panel OKs bill lowering corporate income taxes

By Filane Mikee Cervantes The House Committee on Ways and Means approved on Wednesday, August 14, the administration’s second tax reform package, which aims to...

PH manufacturing resilient amid global slowdown — DTI

By THEPHILBIZNEWS STAFF The Philippine manufacturing sector is proving to be resilient amid the global manufacturing slowdown, posting a 4.4-percent growth in the first half...

2019 inflation may decline by as much as 1.2% — DOF exec

By Joann Villanueva An official of the Department of Finance (DOF) forecast inflation to decelerate to as much as 1.2 percent this year if monthly inflation expands...

BIR collecting an initial P356 M in tax liabilities from POGOs

The Bureau of Internal Revenue (BIR) has collected an initial P186 million in withholding taxes from Philippine Offshore Gaming Operators (POGOs) and is getting...

Phoenix, Seaoil, Cleanfuel lead oil price rollbacks; others follow Aug. 13

By THEPHILBIZNEWS STAFF Oil price rollbacks this week started early with Phoenix Petroleum, Seaoil, and Cleanfuel leading the pack over the weekend by cutting back...

Consortium to take over Clark Airport’s O&M

By Marna Dagumboy del Rosario Transportation Secretary Arthur Tugade on Friday announced the takeover of the operations and maintenance (O&M) of the Clark International Airport...

Investment Incentives Matter for Industry Development and Jobs generation

With rising globalization and economic integration through free trade agreements, competition for foreign direct investments has heightened. Even within regional groupings like the EU...

Honeywell asserts its place in PH digital transformation

Text, photo, and video by Monsi A. Serrano Honeywell Philippines is asserting its place in the country’s digital transformation as it hosted a technology summit...

PH economy expands 5.5% in Q2

By Leslie Gatpolintan The country's economy expanded by 5.5 percent in the second quarter of 2019 but slower than the 6.2 percent growth...

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